What is IPR?
When an individual (or group of individuals) use their own intellect to create something which isn’t authorized to be owned by any other individual so as to possess complete right over the property they built by themselves, that is popularly known as Intellectual Property Rights, a term that accord to the world legal system dating back to late 20th century, continues to be practiced widely.
The term Intellectual Property Rights refer to legal rights granted with the aim to protect the creations of the intellect. These rights include Industrial Property Rights and related rights.